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Trade Winds Mast Head

Capesize bulker market surges 13.8% in a day despite China’s Golden Week

“This is a little unexpected since a lot of the Far East is on holiday,” Alibra Shipping founder Giuseppe Rosano told TradeWinds.

But the market may be benefitting from Russia sanctions adding tonne-miles to bulker trade routes and China implementing stimulus measures to get the economy moving again, he said.

“Hence we are now seeing the stimulus measure coming into fruition,” said Rosano, whose firm is a UK broking house.

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Trade Winds Mast Head

Indonesian port congestion boosting panamax bulker market

“The higher demand for energy worldwide has certainly caused a rise in panamax rates,” said Giuseppe Rosano, founder of UK broking house Alibra Shipping.

“Not to mention the grain season around the corner in South America.” he told TradeWinds. “Remember the market’s move many times with just sentiments or no reason whatsoever.”

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Trade Winds Mast Head

‘A gentleman like no other’: Italian tanker player Nicola Bonetti dies

Alibra Shipping Broker pays tribute to former d’Amico, Premuda and Enel executive

Alibra founder and director Giuseppe Rosano told TradeWinds that his friend and colleague had been battling illness over the past couple of years.

He described Bonetti as “prolific and extremely well known in the tanker industry for over 40 years”.

“He was best known as an owner’s representative within the Italian community, a gentleman like no other,” Rosano said.

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Trade Winds Mast Head

Capesize bulker backhaul gains steam as Europe goes the distance for coal

“Sentiments are strong across all of dry bulk shipping as owners and charterers face disrupted cargo flows and a global energy shortage,” said Giuseppe Rosano, founder of UK broking house Alibra Shipping.

“We are in unprecedented times and the market is adjusting. As to why and how, we are all trying to fit the pieces of the puzzle now — whilst that does mean cargo flow is part of that change, especially given the European crisis,” he told TradeWinds.

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Trade Winds Mast Head

Capesize spot market soars as Europe imports coal from far away

Dry bulk shipping is vulnerable to ‘rapidly changing market landscape’ as war between Russia and Ukraine enters 15th day, broker says

“The market remains very active and prone to surges of volatility while being very much linked to political activity amongst a rapidly changing market landscape,” UK-based broker and Alibra Shipping founder Giuseppe Rosano told TradeWinds.

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Trade Winds Mast Head

Period charter activity for MR tankers heats up

Product tanker trade experiencing more optimism amid drawdowns in petroleum inventories

“The rate is strong considering the vessel is Chinese-built and without scrubbers, and especially the optional rate is a high rate indicating that the charterer is bullish about the market for 2022,” brokerage Alibra Shipping director Giuseppe Rosano said.

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